Friday, August 3, 2012

SPY and QQQ fail to confirm the open

I normally wouldn't post an update this early, especially not on the SPY alone (I'd give it more time), but looking at the QQQ I had to.

 The 1 min SPY 3C should be up where price is, if we give it some time it still may get there, but remember we are looking for the short term signals to go negative like the longer ones, in that case, take a look at the Q's below...

That's just the wrong way!

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